'What the f**k': FaZe Rain blasts FaZe Banks for blaming Adin Ross over alleged MLG crypto coin scam
FaZe Clan drama just hit another level, and this time, it's got crypto, leaked DMs, and some serious finger-pointing. On July 28, 2025, former FaZe CEO Richard 'FaZe Banks' officially stepped down after the now-infamous MLG coin scandal, but it's what came after that has the internet fully locked in.
FaZe Rain, a longtime Clan member, had one phrase for the situation: 'Crazy thing to read.'
FaZe Rain doesn't hold back after leaked DMs call out Adin Ross
The MLG coin (yep, the one meme'd as '360noscope420blazeit') exploded earlier this year after being pushed hard by Banks and Kick streamer Adin Ross. At one point, the coin peaked at a wild $200 million market cap before crashing down to just $12 million, causing accusations of a classic rug pull.
Now, with the dust settling, leaked DMs started floating around online.
And here's where it gets messy: Banks allegedly pinned the blame on Adin Ross, calling him the 'only bad actor' in the situation. That didn't sit right with Rain.
— yoxics (@yoxics)
During a recent Twitch stream, Nordan 'Rain' Shat, a longtime FaZe member and former housemate of Banks, didn't wait long to go live and speak up.
'When I read that sh*t at the end saying there's only 'one bad actor in this, and it's Adin,' I was like 'What the f**k!,' that was a crazy thing to read, right?"
he said.
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The DMs, which rapidly circulated online, appeared to show Banks distancing himself from the token's collapse, placing heat on Ross and his audience. Rain, however, wasn't buying the deflection.
Rain calls out Banks for dodging accountability
Rain's biggest issue wasn't just the message; it was the lack of ownership. He pointed out that Banks hadn't confirmed or denied whether the DMs were real.
'We all f**k up, we all make mistakes, but it's all about taking accountability,'
he exclaimed.
He also reminded viewers that Banks was the one who connected Ross with "Frank", the now-infamous figure linked to the MLG coin's backend.
Rain likened it to introducing two friends, and one robbing the other. If you made that connection, it's partially on you.
Jason Speaks On Banks Stepping Down As FaZe CEO..
Jasontheween says FaZe is still locked in, even after CEO shake-up
Meanwhile, Jasontheween, another core FaZe member, broke his silence during a recent stream. According to him, the vibe inside FaZe Clan remains intact, despite Banks stepping down:
'The subathon's still goin' on, we're all still boys. Nothing's gonna change,' he said.
He added that a lot is happening behind the scenes, stuff the public 'just doesn't need to know about.' But for now, the Clan is focused on keeping content rolling and moving past the headline storm.
Catch Rani Rampal's inspiring story on Game On, Episode 4. Watch Here!
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